Auto

Dodge Delivers World’s First and Only Electric Muscle Car, Announces All-new Dodge Charger Multi-energy Lineup

Tesla Delivers First Shanghai-Made Model Y Crossovers

Nio Reveals First Sedan To Rival Tesla In China

Tesla's Market Value Tops $500 Billion

Tesla may be the new kid on the block in the auto industry, but it's quickly become a big kid on Wall Street. The electric-car maker's shares continued to climb more than 4% on Tuesday. This increases the company's total market value above $500 billion for the first time. The milestone comes on the heels of a banner year for Tesla's stock, says CNN. Tesla recently upgraded facility now has the capacity to build 500,000 Model Y and Model 3 sedans a year. This is in addition to 90,000 of its more expensive Model S and Model X vehicles.

Dutch Students Unveil World's First Electric Biocomposite Car

Some very creative and enterprising students from the Eindhoven University of Technology unveiled the world's first biocomposite car, dubbed 'Lina', at their university’s campus in Eindhoven on Wednesday. The vehicle, which is fully functional, weighs just over 660 pounds, runs on electric energy generated by a battery pack. The next step for Lina and the design team is to try and obtain a licence number for the car, which will enable her to be driven on public roads. In order to do this, they have to test the vehicle on the streets with the backing of the Dutch Vehicle Authority.